Sun Lixin was shocked.

But Lin Yifeng was not surprised by this.

In 1993, Xuhui District of Shanghai was already in its golden starting period, a stage poised for rapid development.

In the years following 1993, land prices here skyrocketed.

Don't be fooled by the fact that it's worth five million now; in the future, this commercial land could be worth at least five times more.

Not to mention that it is surrounded by various department stores and key universities, making it extremely valuable and its commercial value and status are different from other land plots.

This surprised Li Guohua.

Lin Yifeng remained calm, while Sun Lixin, the experienced master craftsman, was quite flustered.

Li Guohua was completely bewildered by their reactions.

After the dinner ended, Sun Lixin followed Lin Yifeng out of the shop, still thinking about the land deal.

On the way back to the hotel after getting into the car, Sun Lixin finally couldn't help but ask.

"Xiaolin, do you have any recommendations for places?"

"This place is fine."

Lin Yifeng gave the simplest answer.

But this answer also put Sun Lixin in a difficult position.

In 1993, they spent over ten million to renovate a hotel. To be honest, even if they were rich, they wouldn't have gone to such lengths.

If this restaurant were to be repaired during mealtimes, their wallets might have already been completely emptied.

Sun Lixin looked troubled.

If it weren't for the price, he might have considered this option.

It was precisely the price that made him dare not set up a shop here.

Eight million can buy a small shop like that. If they really wanted to build a decent shop, the price would have to be at least in the tens of millions.

Are there any other places?

Although Sun Lixin was unwilling, he still gritted his teeth and began questioning Lin Yifeng.

Lin Yifeng understood what Sun Lixin was worried about.

He watched as Sun Lixin disappeared into a dead end, and replied with a smile.

"Master Sun, why are you all so stubborn?"

"You don't necessarily have to drive it now just because you bought it."

"Just treat it as an investment, buy it first, and then renovate it when you have more money, okay?"

"I won't say anything else, but many people in Shanghai have been to Kyoto and know about your Bianyifang."

“You can just put up your Bianyifang sign every day, and many people will look forward to it. It’s like free advertising.”

Upon hearing this, Sun Lixin was completely stunned.

What does it mean to buy a shop but not open it?

In the eyes of these traditional business owners, a shop is bought to open and make money.

If we don't open for business and make money, isn't that just throwing money away?

But Sun Lixin quickly realized what was happening and hurriedly slapped his thigh.

"yes!"

"I have the money to renovate, that's all!"

"Just leave it there."

Lin Yifeng smiled faintly when he saw that Sun Lixin had finally figured out the problem.

The development of Shanghai is evident to the naked eye. If you don't move in now, the price won't be the same in the future.

Of course, Lin Yifeng's low-cost business has nothing to worry about. Mixue Ice Cream and Wallace don't need very big shops, and it's not a problem for them to move in later.

The main issue is that in this location in Shanghai, it might take Lin Yifeng and his team three to five years to recoup the cost of buying the land. Renting a shop in the future would be more suitable for them.

However, Sun Lixin and his team are different. They run an old restaurant and need to stay open for a long time to maintain their reputation and customer base.

Buying land is much cheaper than renting a shop, mainly because the cost is more acceptable.

Once Sun Lixin figures it out, the issue isn't whether to open a store or not, but whether they can secure a location. If Bianyifang wants to open a store then, they can save a lot of money.

Seeing that Sun Lixin had figured it out, Lin Yifeng continued to offer advice.

"Also, Master Sun, we don't necessarily have to buy the best location when we open a shop."

“I’m telling you, in Xuhui District, don’t just focus on the prices of prime locations. We can buy a place in the surrounding area too.”

"It's not like Xuhui District won't develop in the future. Once it expands, the peripheral areas you bought will still be in good locations, right?"

Sun Lixin was stunned for a moment, then suddenly slapped himself.

"yes."

"Look at me, this old senile man, my brain is no match for yours young people."

"Sigh, times have changed. Otherwise, Kobayashi, you wouldn't have been able to build such an industry."

Lin Yifeng did not refuse Sun Lixin's praise.

From Lin Yifeng's perspective, Sun Lixin and his group definitely wouldn't make much money if they opened Bianyifang now.

However, if Sun Lixin and his team had first secured a plot of land and bought a shop, and then opened the shop later when Shanghai had developed, things would definitely have been much better than they are now.

The most important thing is that the land has always been in their hands, so they don't have to worry about losing money. Even if they change their minds and want to sell the land, they can still make a lot of money from it.

To put it bluntly, they can take out a loan for land worth hundreds of millions of dollars and put it there. With their land in Kyoto, they can easily support the entire plot of land.

It's not too late to start decorating there when we have spare money later.

With the established brand name standing out, as long as the timing is right, it only takes one or two years to recoup the shop's costs.

"Okay, Xiaolin, I'll trouble you to come with me tomorrow so I can check out the location."

"I'm here in Shanghai this time because I'm determined to get this done."

Sun Lixin, having figured it out, revealed a bright smile.

The following morning, Lin Yifeng and Sun Lixin headed to Xuhui District.

My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!